Days Inventory is also known as Days Sales of Inventory (DSI). BASF India's Average Total Inventories for the
three
months ended in Dec. 2023 was ₹17,994 Mil. BASF India's Cost of Goods Sold for the
three
months ended in Dec. 2023 was ₹27,516 Mil.
Hence, BASF India's Days Inventory for the
three
months ended in Dec. 2023 was 59.67.
The historical rank and industry rank for BASF India's Days Inventory or its related term are showing as below:
BOM:500042'
s Days Inventory Range Over the Past 10 Years
Min: 58.08 Med: 84.62 Max: 117.08
Current: 64.99
During the past 13 years, BASF India's highest Days Inventory was 117.08. The lowest was 58.08. And the median was 84.62.
BOM:500042's Days Inventory is ranked better than 64.28% of 1492
companies
in the Chemicals industry
Industry Median: 83.1
vs BOM:500042: 64.99
BASF India's Days Inventory
declined
from Dec. 2022 (78.64) to Dec. 2023 (59.67).
Inventory Turnover measures how fast the company turns over its inventory within a year.
BASF India's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.53.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
BASF India's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.54.
BASF India Days Inventory Historical Data
The historical data trend for BASF India's Days Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of BASF India's Days Inventory
For the Specialty Chemicals subindustry, BASF India's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
BASF India's Days Inventory Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, BASF India's Days Inventory distribution charts can be found below:
* The bar in red indicates where BASF India's Days Inventory falls into.
BASF India Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
BASF India's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BASF India (BOM:500042) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
BASF India's Inventory Turnover for the
three
months ended in Dec. 2023 is calculated as
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
BASF India's Inventory to Revenue for the
three
months ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
BASF India Days Inventory Related Terms
Thank you for viewing the detailed overview of BASF India's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
BASF India Ltd is a subsidiary of BASF SE, and the company manufactures and sells a variety of chemicals. Its segments include the Materials segment produces raw materials for plastics and auto components as well as related consumer products. industrial solutions segment supplies chemicals for paint, stationery goods, plastic production, and mining. The agricultural solutions segment sells pesticides. The surface technologies segment sells chemicals for coatings, construction, and chemical production. The nutrition and care segment sells ingredients for personal care, cleaning, and nutrition. chemicals segment supplies intermediates for the petrochemical and pharmaceutical end markets. Other segment includes activities that are not allocated to any of the continued operating divisions.
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